Every credible economic study on the treaty paints a dark picture for the American people…the Kyoto treaty would cause energy prices to soar and the standard of living in our country to plummet…and result in the elimination of 2.4 million American jobs by the year 2010 and cost the average American family over $2,700 a year.
The provisions of this bill are extremely open-ended, and encumber both employers and Cal/OSHA with many unreasonable administrative burdens and costs.
It is our belief that while AB 1127 will not guarantee the prevention of even one injury, it has the potential to cost our members hundreds of thousands of dollars in new programs based on unsound science and face potential increases in workers’ compensation costs.
A poorly crafted ‘living wage’ plan could achieve the opposite of its well-intentioned social goals. It could result in fewer good-paying jobs in the city, and less opportunity at the entry level. It could drive up the cost of city programs, leaving fewer resources to help lower-income families.
[The proposed bloodborne pathogen standards are] too expensive, a waste of resources and overkill.
The loony-tuners are at it again. The cost of doing business in Oakland is already about the highest in the state. Compared with other cities, adoption of the proposed [living wage] ordinance will drive the cost off the charts.
[The treaty will cause] soaring production costs and significantly higher driving costs — through rationing schemes, energy taxes or other mechanisms with comparable effect.
The economic impact would be devastating for the United States. We would see the loss of millions of jobs, entire industries would flee to other countries, our people would face higher fuel costs, higher taxes, leading to lower productivity and a lower standard of living.
[Automakers stated that the treaty would] increase gas prices 50 cents a gallon, boost the price of electricity 20 percent and raise the cost of making cars.
These regulations, taken in combination with other pending requirements, will have serious affects on the petroleum industry, the economy, and the nation--reducing investment in capacity and new technologies, making domestic refiners less competitive in the global marketplace, increasing imports of refined products by up to 500,000 barrels per day, increasing consumer prices for products such as gasoline and heating oil, and reducing industry employment.
